Four major insurance companies to merge

4 major insurance firms; National Insurance Company, New India Assurance Company, United India Insurance Company and the Oriental Insurance Company to merge.

Apnainsurance.com Research Bureau

02 Mar 2008

Four major insurance companies - National Insurance Company, New India
Assurance Company, United India Insurance Company and the Oriental Insurance
Company to merge to compete with the
private players.

This move proposed by South Zone of General Insurance Employees' All
India Association is expected to strengthen the insurance sector and help them
meet the market demand.